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Tell Me More: SEC Plans
To Beef Up Fund Disclosure

By

Ian McDonald The Wall Street Journal Online

Updated Aug. 19, 2003 10:13 a.m. ET

A rule mandating more frequent updates of mutual-fund holdings may be just months away.

The Securities and Exchange Commission's investment management division "hopes to" finalize a rule this fall that would require funds to disclose their holdings quarterly, rather than twice a year, according Paul Roye, director of the investment management division. That rule, which was proposed at the end of last year, would also include...